Wells Fargo combines with JPMorgan in US$6.5 billion equity hit on rates

JPMorgan Chase & Co. and Wells Fargo & Co., lost US$6.5 billion in combined equity that threatened levels of capital across the industry.


Sources say signing of Colombian pension fund decree may be delayed

According to sources, signing and enactment of Colombian pension fund decree may be delayed. Colombia's Finance Minister, Mauricio Cerdenas, may announce that the signing of the pension fund decree could be delayed, according to high-level government and industry sources.

Evita bank notes are legal tender, says Argentine central bank

According to the Argentine central bank, the Evita bank notes are legal tender. The Argentine central bank said in a statement this week that "The 100-peso bills with the image of Maria Eva Duarte de Peron are legal tender and must be accepted by all retailers and financial institutions.

Pinnacle Foods and Fresh Del Monte to place bids for Del Monte Foods?

According to sources, Pinnacle Foods and Fresh Del Monte were considering to place bids for Del Monte Foods.


Latest News

US hospitals shifted from the conventional paper record keeping to standardized electronic health records after receiving funds from the federal government.
Mexican airport operator Grupo Aeroportuario del Centro Norte said on Monday that it has decided to re-launch a previously postponed initial offering.
Oracle's bond concession attracted the interest of many investors. A new issue concession of Oracle attracted the attention of many investors last Tuesday.
Rally Software filed a registration statement at the SEC for proposed US$70 million public offering
Perry Capital LLC investors filed a suit against the US Treasury and the Federal Housing Finance Agency for the bailout terms it had set for Fannie Mae and Freddie Mac.
Japanese government bonds decreased after the announced reduction in the US Federal Reserve bond buying stimulus that will occur soon.
ITA Cayman Holdings Ltd announced its agreement to buy Standard Chartered Trust (Cayman) Limited as it expands its business and increase presence in the Latin America market.
Spreadtrum surged to a record high in New York after announcing acquisition for Tsinghua Unigroup Ltd priced at US$1.78 billion.
TPG Capital LP was named as one of the final bidders for manufacturer MacDon Industries Ltd. Private equity firm TPG Capital LP was tagged as one of the final bidders for MacDon Industries Ltd.
Western Pacific announced that they were able to raise US$1,000,500 through private placement Western Pacific Resources Corp. announced that it has closed the final tranche of its previously announced non-brokered private placement.